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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: jimsioi who wrote (22871)12/5/2004 6:31:42 PM
From: ldo79  Read Replies (1) of 110194
 
M&A activity, you say:

Goldcorp agrees to buy Wheaton River
Sun Dec 5, 2004 06:24 PM ET
NEW YORK, Dec 5 (Reuters) - Canadian mining company Goldcorp Inc. (G.TO: Quote, Profile, Research) (GG.N: Quote, Profile, Research) plans to buy Wheaton River Minerals Ltd (WRM.TO: Quote, Profile, Research) (WHT.A: Quote, Profile, Research) in an all-share offer in which Goldcorp will offer 1 share for every 4 Wheaton River shares, the companies said in a statement.

Gold and silver miner Wheaton River had rejected a $1.8 billion takeover bid by silver producer Coeur d'Alene Mine Corps (CDE.N: Quote, Profile, Research) and in September the company backed off.
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